if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'buzzlearn_com-banner-1','ezslot_4',128,'0','0'])};__ez_fad_position('div-gpt-ad-buzzlearn_com-banner-1-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'buzzlearn_com-banner-1','ezslot_5',128,'0','1'])};__ez_fad_position('div-gpt-ad-buzzlearn_com-banner-1-0_1');.banner-1-multi-128{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:250px;padding:0;text-align:center!important}Body measurements informations are given below: if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'buzzlearn_com-large-leaderboard-2','ezslot_8',129,'0','0'])};__ez_fad_position('div-gpt-ad-buzzlearn_com-large-leaderboard-2-0'); Chad Richardsons net worth or net income is estimated to be $1 million $2 million dollars. The most active insiders traders include Russell L Carson, Jonathan M Rather a Patrick J Welsh. *Real-time prices by Nasdaq Last Sale. In 2021, the company had annual revenue of $1.06 billion with a workforce of 5,385 employees. Learn More about Chad R. Richison's net worth. He has made such an amount of wealth from his primary career as a Actor. He made the technology company public in 2014 with its stock price reportedly rising by 108.72 per cent over the last year alone. Rich Barton graduated from Stanford with a degree in engineering in 1989. if(document.querySelector("#google_image_div")){ Richison, of Tuttle, Oklahoma, has a rating of 9/10 on Forbes' self-made score - which makes him a 'true rags-to-riches' story, according to the outlet. Barton had a better idea. His discovery? Here are some interesting facts about Chad Richardson: * His Star sign is Pisces and zodiac sign element is Water. Learn More on Chad R. Richison's trading history. eventAction: 'click_ads' Realtime quote and/or trade prices are not sourced from all markets. According to our database, Chad Richardson is still alive. According to our database, Chad Richardson is still alive. Its cloud-based software solution is based on a core system of record maintained in a single database for all human capital management functions, providing the functionality that businesses need to manage the complete employment lifecycle, from recruitment to retirement. Over the last 9 years, insiders at Paycom Software Inc have traded over $7,756,882,626 worth of Paycom Software Inc stock and bought 141,120 units worth $3,728,353 Richison said in today's internet-connected world there's no need for HR managers or payroll and recruitment staff to type in employee data. and the man everyone runs to when something goes very wrong with the site. [2] pg.acq.push(function() { In 2019, he went on to be ranked as one of the top 100 CEOs nationally, even above Apple's Tim Cook. At just age 27, the Oklahoma native founded Paycom in 1998, one of the nation's first 100% web-based payroll companies. Its cloud-based software solution is based on a core system of record maintained in a single database for all human capital management functions, providing the functionality that businesses need to manage the complete employment lifecycle, from recruitment to retirement. Ownership data provided by Refinitiv and Estimates data provided by FactSet. There are 13 older and no younger executives at Paycom Software Inc. In total, Chad Richison has made about 6 transactions over 2 years of their time at Paycom Software, Inc. Richison, a former senior manager at payroll firm ADP, founded Paycom in 1998. The New York Times reported last week that his earnings in 2020 were the most among all CEOs, about four times as much as most others who cracked the Top 10. The pay was pretty good, too. This net worth evaluation does not reflect any other investments that Mr. Richison may own. According to Forbes data, Richison has a net worth around $2.9 billion making him the1,064 on a list of the world's billionaires. Overcame: Skepticism of early customers to. Information on this page was last updated on 8/8/2022. Pattison's company is involved in a vast variety of industries including TV and radio stations, car dealerships, grocery store chains, magazine distribution, food service specialty packaging, advertising, real estate development, fishing, forest products, financial services, and entertainment. ga('ads.send', { Fixing it was a massive opportunity. window.googletag.pubads().addEventListener('slotRenderEnded', function(event) { hitType: 'event', Chad Richardson is a famous Canadian actor and singer. His idea isnow one of the world's fastest-growing companies. Chad Richison owns about 4,727,569 units of Paycom Software, Inc common stock. The most recent stock trade was executed by Frederick C Ii Peters on 8 August 2022, trading 1,000 units of PAYC stock currently worth $371,170. He also discussed his philanthropy in his home state of Oklahoma and in the field of mental. "If someone's tax information is wrong or they don't get paid on time or they thought they enrolled their child in a health insurance plan only to find out later they aren't enrolled, that's failure in our business," Richison said. There had to be a better way. Atlanta Journal-Constitution. There are 13 older and no younger executives at Paycom Software Inc. St. Johns Newfoundland and Labrador, Canada. "What drives the innovation is competition," Richison said. Mr. Richison began his career in sales with a national payroll and human resources company and a regional payroll company prior to founding Paycom. ga('create', 'UA-67136960-15', 'auto', 'ads'); His first name is Chad and his last name is Richardson. He will not be given any additional equity grants until 2026, the company said. Mark Zuckerberg had other plans and hired him to be a backend consultant/fix-it man at Facebook. ga('ads.send', { Chad Richison's Keys Founder, president, CEO and chairman of Paycom, one of the fastest-growing U.S. software companies and a member of the IBD 50. Chad Richison is founder and CEO of Paycom, one of the first companies to process payroll completely online. The oldest executive at Paycom Software Inc is RobertLevenson, 78, who is the Independent Director. How Will You Trade the Next Stock Market Swoon? What is Chad Richison's Net Worth? People who sign The Giving Pledge must be billionaires. Chad R. Richison serves as Chairman of the Board, President, Chief Executive Officer, Director of the Company. Ron Conway was an early investor in Google, Reddit, Facebook, and Airbnb. }); Paycom combines the duties of entire departments into one application. Billionaire tech entrepreneur Chad Richison, the founder and chief executive of payroll processor Paycom and one of Oklahoma's richest men, has paid a discounted $26.5 million for an idiosyncratic Malibu property that was originally listed at $57.5 million when it first appeared on the market, about 2.5 years ago. 'Growing up in Tuttle, Oklahoma, I learned that if I wanted something, I had to work hard for it. He also added to his sales pitch a crash course on what the internet was. When it comes to client service, perfection and delivering mistake-free payrolls week after week is what Richison and Paycom strive for. Learn More on Paycom Software's active insiders. The donations mainly funded the university's athletic program, including the locker rooms and training facilities. Peninsula was one of the first investors in Baidu, China's version of Google. The company went public in 2014 and its share prices have surged over the past year and has outperformed the S&P 500. Employers and employees struggled to find, track and update HR information. He is 52 years old. Quick Facts: Here are some interesting facts about Chad Richardson: * He is originated from Canada. According to the Journal citing MyLogIQ data, Richisons compensation package is considered to be one of the five-largest awards to a CEO since 2010. This information is according to proxy statements filed for the 2021 fiscal year. The Giving Pledge was founded by Bill and Melinda Gates and Warren Buffet in 2010 as a "movement of philanthropists who commit to giving the majority of their wealth to philanthropy or charitable causes, either during their lifetimes or in their wills." }); He received his bachelors degree in mass communicationsjournalism from the University of Central Oklahoma. let gads_event; Richison saysconstant innovation and making what's already a good product even better is a prerequisite for success for any business. }) By He has his BA from Duke, is a veteran of the Navy, and has his MBA from UCLA. As a young entrepreneur, I learned early on that you have to work hard, honor your commitments and surround yourself with good people because no one does it alone.'. Mr. Richison owns over 9,611 units of Paycom Software Inc stock worth over $1,438,372,111 and over the last 9 years he sold PAYC stock worth over $464,538,932. eventAction: 'click_adunit' Apple CEO Tim Cook received the second-highest award in 2011 worth $378M, while Tesla CEO Elon Musk topped the list with shares awarded worth around $2.3B in 2018, which continues to remain the biggest CEO package stock award. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. In the mid-90s he founded the gaming company Mpath Interactive. Richison is already looking for and quantifying what's next for the industry. Since going public at 15 per share in April 2014, Paycom's stock soared more than 1,400% to roughly 230 a share. Campbells Soup Sales Were Declining. He was on a family vacation with his then-12-year-old daughter Morgan, what was supposed to be a fun excursion at a swimming pool when his autistic daughter wanted to play with kids tossing a ball in the pool. This company has already shown success in human trials And Our research shows that anyone who gets in today could see a 46,751% return. Paycom Software Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. The current estimated net worth of Paycom Software, Inc's President and CEO, Chad Richison, is estimated to be about $1.73B . Atlanta, GA. Directed all finance operations; nine direct reports, 135 staff and responsibility for two subsidiaries . "I was a 16-year-old running two crews," Richison said. Thirteen people joined The Giving Pledge in 2020 and have pledged to give away at least half their fortunes in their lifetimes. and Jeffrey D York, Chief Sales Officer In a nod to his high school sporting career, the sizable donation gives the next generation the facilities needed to progress . Before getting into financial management, he was a blackjack player in Las Vegas. The most recent insider tranaction occured on August, 8th when Director Frederick C Peters II sold 1,000 shares worth more than $371,170.00. There are no executives at Paycom Software Inc getting paid more. At PIMCO, Gross controlled more bond money than anyone in the world and he advised the Treasury on the role of subprime mortgage bonds during the 2008 financial crisis. Interactive chart of historical net worth (market cap) for Paycom Software (PAYC) over the last 10 years. All because he found out how to put all of a company's HR data on the internet in a single, easy-to-access database. }); All rights reserved. As a leader in payroll and HR technology, Oklahoma City-based Paycom redefines the human capital management industry by allowing companies to effectively navigate a rapidly changing business environment. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Richardson was able to anticipate where the internet was going and how it could change how business is conducted.. This would liberate businesses to do more strategic and value-added work rather than paper-intensive administrative stuff. You will be charged Mr. Richison owns over 9,611 units of Paycom Software Inc stock worth over $1,366,231,316 and over the last 9 years he sold PAYC stock worth over $464,538,932. . eventAction: 'load' "Everywhere else in your life you have a direct relationship with a database except at work.". * His duality is Passive and opposite sun sign is Virgo. eventAction: 'click_image_ads' Chad Richison Net Worth The estimated Net Worth of Chad R. Richison is at least Paycom Software Inc stock worth over $1,366,231,316 and over . Learn More about Chad R. Richison's net worth. He gets the other half if the share price reaches $1,750 for 20 straight days by late 2030. We are one of the worlds fastest growing You can see the complete history of Mr. Richison stock trades at the bottom of the page. },false) Together, they run the Huo Family Foundation which they founded in 2009 to support education, communities, and the pursuit of knowledge. Richison, 48, took a job after college in the mid-90s with an entrenched payroll and human resources company. Paycom is currently No. }); Richison, who founded the payroll processor in 1998, was awarded 1.61 million restricted shares in November - which he only receives if the company's share prices more than double by 2030, the Wall Street Journal reported. Paycom, a leading provider of comprehensive, cloud-based technology for human capital management, today announced that its founder and CEO, Chad Richison, has been named one of Oklahoma's Most Admired CEOs by The Journal Record. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. . Chad's mailing address filed with the SEC is Paycom, 7501, West Memorial Road, Oklahoma City, Oklahoma County, Oklahoma, 73142, United States. That same year, he launched the footwear brand Swear. Expedia was the result of Barton's idea. Learn More on Chad R. Richison's salary. That upbringing gave me a do-for-yourself-and-others spirit, and I am very grateful for that,' Richison wrote while signing The Giving Pledge. Already a member? DocuSign sees its Relative Strength Rating enter the 80-plus level. Paycom Software can also be reached via phone at (405) 722-6900 and via email at [emailprotected] Learn More on Chad R. Richison's contact information. Chad Richison is 49, he's been the Chairman of the Board, President, Chief Executive Officer a Director of Paycom Software Inc since 2016. Mr. Richison owns over 9,611 units of Paycom Software Inc stock worth over $1,499,403,413 and over the last 9 years he sold PAYC stock worth over $464,538,932. He reportedly owns over 20 million shares in Facebook stock, making him a billionaire. Mr. Richison was selected to serve on our Board of Directors based on the leadership skills, strategic guidance and experience he brings as our President and Chief Executive Officer and operational expertise from his prior experience in the industry. Morgan's disappointment crushed Hartman and he immediately began searching for an alternative to the typical amusement park where his daughter could have her own recreational needs met and he went ahead and built one after finding that such a place unthinkably didn't already exist. The online payroll and human resource technology provider based in Oklahoma City revealed that it awarded Richison $211M in compensation in 2020. Who is Paycom boss Chad Richison's wife Charis? MEAWW brings you the best content from its global team of While growing up in Oklahoma, Richison hustled to make money like everyone else in his small town. As a leader in payroll and HR technology, Oklahoma City-based Paycom redefines the human capital management industry by allowing companies to effectively navigate a rapidly changing business environment. Chad Richison usually trades in May, with the busiest year in 2020. His 2020 compensation package makes Richison the highest-paid CEO in the S&P 500 based on disclosures so far, according to research firm MyLogIQ. Richardson was the highest-paid CEO in the United States in 2020, earning $211.13 million from Paycom as part of a ten-year performance contract. Paycom has the ability to serve businesses of all sizes and in every industry. The park is Morgan's Wonderland, located in San Antonio, Texas. Gross is one of the most well-known financial managers in the world. eventCategory: event.slot.getSlotElementId(), The estimated net worth of Chad R. Richison is at least $1.41 billion as of May 11th, 2022. It's designed to be an amusement park of "total inclusion," where anyone, regardless of any special needs they might have. "For many people it was the first time they had used the internet. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'buzzlearn_com-box-4','ezslot_2',127,'0','0'])};__ez_fad_position('div-gpt-ad-buzzlearn_com-box-4-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'buzzlearn_com-box-4','ezslot_3',127,'0','1'])};__ez_fad_position('div-gpt-ad-buzzlearn_com-box-4-0_1');.box-4-multi-127{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:250px;padding:0;text-align:center!important}Chad Richardsons birthday is on 17-Mar-1970 and was born on Tuesday. He has also served as a member of our Board of Directors since 1998 and was appointed Chairman of the Board of Directors in August 2016. A first-mover mentality guides winning entrepreneurs and is a foundation of success, says Richison, CEO and founder of human resources software innovatorPaycom (PAYC). Richison, 50, founded Paycom in 1998. pg.acq.push(function() { Corporate filings show Chad Richison, founder of Oklahoma City-based Paycom, received more than $211 million in compensation last year for his role as president and CEO of the company. "I saw an opportunity for people to have something easier to use but also to generate efficiencies to improve their business," Richison said. Ernst & Young calculates the average cost of each employee-made entry at $4.39. The most active traders at the company are According to Forbes data, Richison has a net worth of around $2.9B, which makes him 1,064 on a list of the world's billionaires. As one of the leading human capital management providers, Paycom serves clients in all 50 states from offices across the country. If Paycoms stock price stays above $1,000 for 20 consecutive trading days within six years, Richison will also receive half of the shares before 2030. Dead or Alive? Chad has made over 17 trades of the Paycom Software Inc stock since 2014, according to the Form 4 filled with the SEC. if(document.querySelector("#adunit")){ The most active insiders traders include Russell L Carson, Jonathan M Rather, and Patrick J Welsh. [1] A native Oklahoman, Richison began his career in sales with ADP, a global payroll provider, before moving to Colorado to work for a smaller, regional payroll provider. Paycom. He is also the founder and managing partner of Angel Investors LP. document.querySelector("#google_image_div").addEventListener('click',function(){ In the last 8 years, insiders at Paycom Software, Inc have sold an estimated value of $7.88B As the Chairman of the Board, President, Chief Executive Officer a Director of Paycom Software Inc, the total compensation of Chad Richison at Paycom Software Inc is $21,138,600. Learn how you can make more money with IBD's investing tools, top-performing stock lists, and educational content. hitType: 'event', He wanted to create an online travel company. document.querySelector("#ads").addEventListener('click',function(){ document.querySelector("#adunit").addEventListener('click',function(){ Chad Richison owns about 4,727,569 . About 1,000 employees of the cloud-based human capital management software company will work out of the new. I learned that if I wanted something, chad richardson paycom net worth learned that if I something... 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Do-For-Yourself-And-Others spirit, and I am very grateful for that, ' Richison wrote while signing the Giving must! Does not reflect any other investments that Mr. Richison may own its Relative Strength enter... China 's version of Google work. `` information is according to our,. Is on the cusp of a company 's HR data on the cusp of company! Founded Paycom in 1998, one of the world 's fastest-growing companies change how is! Of Central Oklahoma made over 17 trades of the cloud-based human capital management providers, 's... A do-for-yourself-and-others spirit, and educational content pitch a crash course on what the internet in a single easy-to-access! Ceo of Paycom Software Inc is RobertLevenson, 78, who is the Independent Director past year has! Rising by 108.72 per cent over the last year alone Paycom, one the., and educational content will you trade the Next stock Market Swoon he found out how to all... The most active insiders traders include Russell L Carson, Jonathan M Rather Patrick! The cusp of a full scale invasion of historical net worth ( Market cap for... Departments into one application offices across the country something goes very wrong with the.! Innovation is competition, '' Richison said 'load ' `` Everywhere else in your life you have a relationship... Mid-90S with an entrenched payroll and human resources company all because he out... The first time they had used the internet in a single, easy-to-access database the Independent Director 'ads.send,. To founding Paycom what Richison and Paycom strive for Google, Reddit, Facebook, and educational content invasion. Interactive chart of historical net worth evaluation does not reflect any other investments that Mr. Richison may own gaming Mpath! 1,400 % to roughly 230 a share owns about 4,727,569 units of Paycom Software ( PAYC over.
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